1st Quarter 2016 Nest Report – How’s the Market?
Download the Nest Report here, dig in, ask questions, and remember - this is a snapshot of the total market. Your market will vary, whether that's a condo in the heart of downtown Charlottesville or the outskirts of town, single family home in North Downtown or a…
Charlottesville Area Association of Realtors’ 2015 Market Report
Dig in. Ask questions. Short takeaways when looking at the Charlottesville area market report: Inventory remains low. Prices are up (mostly) These are broad-brush stats; your market will vary. If you're considering buying or selling in the Charlottesville area, use this report as a baseline; then do…
Three Charts Depicting the Charlottesville Real Estate Market Entering December 2013
Curiosity stole an hour of my morning … I intended to update only the Crozet “When do homes come on the market” spreadsheet, got lost there for a bit and decided to look at the Charlottesville MSA numbers. 2012's Charlottesville MSA sales trends - looking…
Cash & FHA Transactions in Charlottesville MSA – Local Analysis Matters
The headline at Zero Hedge is a stunner. A Stunning 60% Of All Home Purchases Are "Cash Only" - A 200% Jump In Five Years Naturally, I wondered what the numbers might look like for the Charlottesville area. Being curious, I thought I'd look at…
2012 is in the Past – Looking Forward at the 2013 Charlottesville Market
1 - Inventory is low - (good for sellers, not so good for buyers) 2 - Interest rates remain low 3 - Prices (in many market segments) have stopped dropping, and are largely increasing. 4 - Sales volume is up across the board 5 -…
Fluvanna Can’t Catch a Break
Fluvanna have all sorts of budget issues, from property tax income declining to "the high school engineer underestimated heating oil consumption by 200 percent and the heating bill will be $208,000, instead of the original $68,000."
April 2012 Charlottesville Real Estate Market Report
Highlights: - Days on Market (an inherently flawed data point, yet still relevant trend) are down in Charlottesville, Albemarle and Fluvanna. - Average Sales prices are down (not surprising) - Total sales across the MSA are down (not surprising) - Total inventory is down. (this…
Fluvanna’s Tax Rate is Going Up. Way Up
Fluvanna residents (and potential home buyers and sellers) - be prepared. The Fluvanna County Board of Supervisors met Wednesday evening to discuss budget. After over an hour of public testimony, the supervisors voted 3-2 to approve a major increase to the advertised property tax increase.…
Case Shiller’s Perspective on the Charlottesville Real Estate Market
Case Shiller's Perspective on the Charlottesville real estate market summed up in one phrase: it doesn't exist. Today I'll I touch on: - Case Shiller - Core Logic - Charlottesville MLS/analysis on RealCentralVA - Fiserv/CNN Context matters. Case Shiller doesn't track the Charlottesville real estate…
Elections 2011 – What’s on Your Ballot?
“Politicians are like diapers; they need to be changed often and for the same reason.” ― Mark Twain We vote on Tuesday in what's termed an "off-off election" meaning … fewer people vote, so your vote will matter more. Please vote. Here are a few…